Technically, price made several attempts to break above the resistance key level but failed and we are looking at a downtrend channel.
This week we are looking at high probabilities trend to move lower on US dollar demand and spike in coronavirus cases on europe
Targeting a price break below key level support median line could bring price to move further lower for fresh key level support at 1.16000
This week we are looking at high probabilities trend to move lower on US dollar demand and spike in coronavirus cases on europe
Targeting a price break below key level support median line could bring price to move further lower for fresh key level support at 1.16000